getting a full financial picture shouldn't require a $99/year subscription to @monarch_money
you can now connect @Plaid with @mercury personal, and ask all the financial questions you need the answers to in one place
helped me clean up an old $100/month subscription!
Really excited about our Mercury integration over at Town.
As someone who fought for open banking for 7 years when I was CTO at Plaid, what Mercury is doing here is so important, and I am hopeful that every bank will endorse enabling people to get the most out of THEIR MONEY via agents and AI!
1/ Today, @Mercury is launching Agent Controls: see every agent connected to your account, what it can do, its activity, and cut it off in seconds.
Big banks are locking AI agents out. Itโs bad security, and an admission they donโt understand the future.
I didn't quite expect this to happen so fast but it seems that data center capex is following the arc of energy infrastructure in the US. For anyone who's studied energy, there's some very tempting predictions to make that would follow all the political changes at the state and federal level, which mimic what happened with refineries, nuclear power, etc.
1. More data center capex outside the US
2. More investment in data centers in space
3. Compute-per-watt becomes a first-class product metric, and we see more investments in maximizing utilization of existing sites - the permits and energy/data connectivity into a location are the valuable asset, density and efficiency of compute can be bought
4. Data centers become vertically integrated energy companies, with a focus on modular generation, microgrids, energy storage, and integrated power-and-compute developers
5. Existing grid interconnections become extremely valuable
6. As things get more geographically distributed, cross-region workload orchestration becomes more valuable
7. Like energy efficiency in buildings and electricity, demand-side management becomes a business
All this could lead to a structural shift in value from GPU manufacturers toward the owners of permitted power capacity and the software that optimizes its use.
We tell young people in our society that end of the rainbow is retirement at 65.
We ought to tell them that "there is going to be this short but beautiful golden window from roughly age 3 to roughly age 12 where your kids are not only easy (comparatively to bottles & diapers), but are going to be these beautiful little creatures and it will pain your heart to be away from them for too long. So, prepare in your 20's, financially and career wise, to build that flexibility into that chapter of your life".
You don't get another shot at living the "golden window". And, for me, leaning hard into that golden window has made everything else in my life feel fairly insignificant in comparison. I have made plenty of mistakes as a father, but what I won't have is the regret of having been distracted and absent from these formative years. In some cases, that has required financial sacrifices (declining a particular career opportunity that would have required relocation), but I personally have zero regrets.
I also hear from some ambitious & successful people with a 4 year old that say "I've lost my ambition, I am so immersed in fatherhood". At least for me, and a number of my friends, it comes back. You can't keep an ambitious person down and if you have the fire, hanging at a playground on too many Tuesday afternoons is going to feel like torture after too long.
My three boys are approaching 13, 11 & 9, and it's much different than 7, 5 & 3. This summer, for example, they slept until 11am and I hard an unencumbered 6am-12pm to work (being on PT helps), then got another great window 7-11pm, but was able to be present in the heart of the day, then weeks when they were at basketball camp, etc. It gets easier, your time frees up again (there's a sadness to that too), but I'm back to working as intensely as I did pre-kids just because my day to day presence requires fewer hours than it did before (also, my wife is just superbly wonderful). And that is the beautiful gift of entrepreneurship (or at least my sort of business), the ability to deliver still a high level of output but work that around your life rather than the opposite.
TLDR, grind before, and grind after. Prepare for the golden window.
the old education system is like dead dead
there's literally never been a better time in history to homeschool your kids with AI
you can now just prompt it to create an entire curriculum for your kid, give lessons, generate interactive quizzes to see what they're actually learning, explain things in a hundred different ways until they understand, adapt the difficulty and pace to their progress, generate videos, etc etc
you could probably give your kids a much better education in a fraction of the time they'd otherwise spend sitting in a classroom learning the same things at the same pace as 30 other kids
and then spend all that extra time playing with them, exploring, doing sports, reading, traveling, whatever
it's actually insane when you think about it